What’s the first thought that crosses your mind when you hear the word Mutual Funds? Confusion galore? Is the concept of Mutual Funds all Greek and Latin to you? We have the answers for you! We’ll help you decode all this with our handy Beginner’s Guide to investing in Mutual Funds. Read on to find out how Mutual Funds and Systematic Investment Plans work.
Change is the only constant when it comes to the value of a currency or financial transactions. In most cases, this depends on variables which are beyond your control. What is in your control, however, is your ability to make a proper assessment of your financial needs and plan accordingly. For starters, you must know your risk tolerance. Secondly, understand your investment objective – Are you looking for mere stability, growth or a combination of both? Thirdly, are you aware of the overall economic stability in the country in terms of inflation?
If you’ve just won a lottery or had windfall gains from the equity market, congratulations! The next question always is, what are you going to spend it on? But have you considered not spending it just yet? It may sound like an outlandish idea but there are ways you can use these gains to make… Read More »
Masters of illusions can make you see one thing as another until you figure out the trick. Savings and investments could look like the same thing, but that’s the illusion. Here’s the example of a couple who didn’t know the difference. Raman is a Government employee, drawing a modest salary. He leads a financially disciplined… Read More »
New parents love to show everybody videos of their cute little ones. We’re sure your daughter looks just as adorable in her butterfly wings and somewhere in the back of your mind you’re already worrying about her future. If you’re confused about where to invest, here’s how the government’s Sukanya Samriddhi Account fares against Mutual Funds… Read More »